Energy

Latest Energy News in Iran – Iran’s economy, while diversified, is still heavily influenced by the state of the oil and gas market. Read more about recent news and developments in the sector here.

Solar Panels Distributed among Nomads in Southwest Iran

Authorities have distributed solar panels among nomads in the southwestern Iranian province of Chaharmahal and Bakhtiari.

Iran Shuts Illegal Crypto Mining Fields amid Power Crisis

Iran’s Energy Minister says the police have discovered 3,600 illegal centres of cryptocurrency mining, which used 570 MW of the country's electricity.

Blast in Oil and Gas Pipeline in Southern Iran Kills Three

An explosion in an oil and gas pipeline station at Fath-ul-Mobin region of Shush County in Iran's Khuzestan province has killed three people and injured four others.

Iranian Oil Workers Go on Strike in Protest at Low Wages

Thousands of Iranians working in the country’s energy industry have gone on strike over the past week in protest at low wages.
Iran to Produce 3k Megawatts of Nuclear Power by 2027

Iran’s Bushehr Nuclear Plant to Enter Circuit in Coming Days: Salehi

Iran's nuclear chief Ali Akbar Salehi says the Bushehr nuclear power plant, which was shut down temporarily last week, will be reconnected to the country's power grid in the coming days.

Caracas: Iran’s Dispatch of Oil Tanker to Venezuela ‘Unforgettable’

Iranian Foreign Minister Mohammad Javad Zarif and his Venezuelan counterpart Jorge Arreaza have discussed the latest status of bilateral ties as well as regional and international issues of mutual interest.

Massive Fire Breaks Out at Tehran’s Oil Refinery

A massive fire has broken out at Tehran's Tondguyan oil refinery, creating a heavy black smoke in the south of the capital.

Production of Every Single Bitcoin Turns Off Lights in 30,000 Homes: Iran

Iran’s Energy Minister Reza Ardakanian says the mining of cryptocurrencies must be regulated and punishment should be meted out to illegal miners, as the production of digital currencies consumes a lot of energy.

Iran to Buy 16m Doses of COVID-19 Vaccine Using Its Money Frozen in Iraq

Iraq has received the green light to pay $125 million in its debts to Iran for the purchase of 16 million doses of COVAX vaccines, Iran's energy minister said. The money has reportedly been transferred from Iraq's Trade Bank to a Swiss bank.

Unlicensed Cryptocurrency Mining Main Cause of Iran’s Blackouts

Iran’s Energy Ministry has blamed unlicensed cryptocurrency mining activities in the country for the recent power cuts, which have turned into a crisis for the Rouhani administration ahead of the June votes.